The cost of setting up a business in Dubai depends on factors such as the type of business activity, the jurisdiction under which the company falls, and the approvals and certifications required. Leveraging years of helping entrepreneurs with the company setup in Dubai, BCM Branches has created a list of costs based on current and standard business setup expenses in Dubai.
The prices have been calculated based on the two main categories – Mainland and Free Zone Company Formation Cost in Dubai.
Cost of Company Formation in Dubai Mainland
Like free zone, the costs of setting up a company in Dubai mainland depend on factors such as the nature of the business, number of visas, and premises. There will also be certain additional costs such as mandatory government fees, business incorporation fees, etc.
Initial Approval in DED (Department of Economic Development) AED 235 (One-time cost)
Approval of trade name – AED 735 (One-time cost)
Office rent – depends on the size of your office. Average office rent would be AED 50 and above per sq. feet per annum. Office rent depends on location and required area.
Attestation of Memorandum of Association (MoA) – AED 1200 (One-time cost); to be drawn up and approved by all partners of the company
Drafting of contract and court agreement attestation – AED 500 for typing (One-time cost); all the partners or their attorneys will need to go sign the court agreement attestation
Registration with Ministry of Economy – AED 3,000 (One-time cost); your company will be registered upon the payment of this fee.
Trade license fee – AED 10000 Approx.
Market fees – to the government as a percentage of the office rent – 5% of the rent for shops, 20% of the rent for warehouses.
How to Estimate the Cost for Setting up a Business in the UAE?
The cost for setting up a business in UAE/ Dubai depends on various aspects. It depends on the type of business, the jurisdiction, the approvals and licenses involved to get the business started. It also varies for free zones, mainland and offshore areas.
How Much Does a Dubai Free zone Company Setup Cost?
Dubai is synonymous with luxury and royalty. But not many know that Dubai is affordable as well. There are many ways to set up low-cost businesses in Dubai.
UAE has more than 30 low-cost free zones where one can establish their business. Each zone has its laws and one needs to choose the zone based on the nature of the business and requirements. Dubai Silicon Oasis is the cheapest free zone with trade licenses starting at just AED 12,000.
The cost of setting up a general trading company in Dubai starts at AED 15,000 and may go up to AED 50,000 depending on the jurisdiction and license.
How Much Does the Ajman Free Zone Company Setup Cost?
Ajman is an ideal location for people trying to set up a business in the UAE. The location and accessibility make it best for import and export businesses. It is located at a distance of just 40 minutes from Dubai and has great business opportunities.
In Ajman, a business set-up can cost one an average of AED 16,000 and increases based on the type, scale and location of the business.
In Ajman, business set-up costs are relatively affordable and also serves as a great location for business.
What is the Cost of Setting up a Real Estate Business in the UAE?
The cost of establishing a real estate firm in the UAE starts at AED 21,000 and the prices can go up depending on the government fees and other activities.
If one doesn’t have a huge amount to invest, there are many options for a cheap business setup in Dubai. The prices start as low as AED 15,000.
In UAE, free zone company setup costs start at AED 14,000. The free zones have a plethora of options for entrepreneurs to start their businesses in the UAE.